Group Reorganisations

Using Quoted Eurobonds to address UK Witholding Tax

Using Quoted Eurobonds to Address UK Withholding Tax In general, UK withholding tax becomes payable at the rate of 20% when a UK tax resident company pays interest on a loan to an overseas lender. Ordinarily, the UK borrower will not be disadvantaged because it can still benefit from a potential tax deduction for the…